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Simic Atlantis share price soars on Uskmouth debt finance framework

Simec Atlantis has seen its share price soar in early trading after striking a financing deal with South Korea's Hana Financial Investment (HFI) for...

Simec Atlantis breaks Uskmouth into two phases, eyes data centre build

Simec Atlantis intends to break its 220MW Uskmouth coal conversion project into two 110MW phases. The firm said it had made the decision after talking...

Simec says plastic waste pellets looking good for Uskmouth power station

Simec Atlantis says the plastic and paper waste pellets it plans to burn at the former Uskmouth coal-fired power station in South Wales have...

Simec signs Mitsubishi Hitachi deal for Uskmouth waste power plant

Simec Atlantis’ plans to develop a 220MW power plant that burns paper, card and plastic at Uskmouth continue to advance. The Gupta-controlled firm has...

Simec agrees Uskmouth Power stake sale, shares soar

Simec Atlantis Energy has agreed conditions with infrastructure investment fund Equitix to sell a stake in Uskmouth Power, the old coal-fired power station in...

Uskmouth: Simec eyes 900,000 tonnes of UK waste fuel pellet production

Simec Atlantis Energy has awarded planning and management contracts in relation to its proposed conversion of the Uskmouth coal power station to a 220MW...

Simec hires Drax expert to convert Uskmouth coal plant to energy from waste

Simec Atlantis Energy has hired former Drax conversion manager Ernie Rowe to spearhead conversion of the Uskmouth coal power station to a 220MW energy...

Simec Atlantis steps up Uskmouth coal to energy from waste plans

Simec Atlantis Energy says it will "be pressing forward" with plans over the next 12 months to convert its Uskmouth coal-fired power station to...

SIMEC Atlantis’ pellets-to-power plant snags in Welsh red tape, takes huge LSE hit

Marine-turbine-spinners to plastic-burners SIMEC Atlantis have accused a UK devolved administration with imperilling their bid to convert south Wales’ former coal plant at Uskmouth...

SIMEC Atlantis finds new chairman

SIMEC Atlantis, marine energy innovators worldwide as well as converters of a Welsh coal power station, have chosen their probable new chairman. Subject to shareholders’...

Green engineers SIMEC Atlantis trim losses from 1GW multi-tech portfolio

Globe-spanning engineering mavericks SIMEC Atlantis are steadying their 1GW-plus multi-technology raft of clean generation in choppy waters, trimming operating losses and strengthening supply bonds with...

British feedstock-maker Active Energy powers up generation for de-coaling US utility

London-traded provider of green power feedstock Active Energy has begun production of its patented biomass variant from its new US factory, ready for burning...

SIMEC Atlantis: big in Japan, hoping to spin in Wales

Waste-to-energy innovator SIMEC Atlantis’s link up with Japanese partners has yielded dividends, with tests of its current-harnessing technology off a Japanese island. Trials of the...

Simec Atlantis waste-to-energy burn tests “couldn’t have gone better”

Mitsubishi Hitachi Power Systems says industrial burn tests of the waste-derived pellets to Simec Atlantis plans to use at Uskmouth Power station "couldn't have...

Simec Atlantis CEO: Share price “set for the mother of all corrections”

Simec Atlantis CEO Tim Cornelius thinks the firm’s share price, just seven per cent of its 2014 IPO, is “set for the mother of...

Atlantis lands grant for multiple tidal turbine hub

Simec Atlantis has landed a £1.5m grant to start building a subsea hub, where multiple tidal turbines can connect. The aim is to get more...

SMS sells part of metering book to Equitix for £291m

Smart Metering Systems has sold a chunk of its meters to Equitix for £291m. SMS said the disposal represents a minority of its assets...

MayGen tidal turbine exports 13.8GWh in 2019

Simec Atlantis said its MeyGen tidal power scheme in Pentland Firth, Scotland, exported over 13.8GWh in 2019, generating some £3.9m in revenue. The Gupta-owned firm...

Energy from waste is changing: Unlock the opportunity

Energy from waste – industry partnerships for heat offtake, private wire agreements and alternative fuels for coal. Opportunities abound… Unlock them at the Energy...

Simec floats tidal-powered data centre via private wire

Simec Atlantis thinks its tidal arrays can power a data centre in Caithness, Scotland. If it can find a partner, the company believes a power...